Question
You bought an apple July call option with a strike price of $200 for a premium of $5. At expiration, the stock is selling for
You bought an apple July call option with a strike price of $200 for a premium of $5. At expiration, the stock is selling for $215 per share. What is your profit or loss per share on the contract?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
13th edition
132743469, 978-0132743464
